“ChartTalk” – Technical Newsletter
ChartTalk: Unlocking Potential: A Promising Investment Opportunity in Large Cap Metal Stock
In the realm of investments, identifying opportunities that align with both technical indicators and fundamental analysis can pave the way for lucrative outcomes. One such prospect emerges within the domain of large-cap metal stocks, presenting an enticing avenue for...
ChartTalk: Fortifying Portfolio with Prestigious Private Banking Powerhouse
The overheated and overextended markets found a reason to correct following HDFCBANK’s quarterly numbers on the January 17th session. In the December quarter, a standalone net profit of Rs 16,372.54 crore was reported by the company, reflecting a year-on-year increase...
ChartTalk: A Strong Pick for Your Portfolio in Overheated Markets
The markets have been on a roll this year. The global equities had a strong year and Indian equities were no exception. The headline Index NIFTY50 has gained 17.32% on a YTD basis. The broader markets fared even better with the broad market index NIFTY500 returning...
ChartTalk: Investor’s Compass; Decoding Gold’s Rally and Future Trajectory
In the dynamic landscape of financial markets, certain assets continue to stand out, and gold, the age-old haven of wealth preservation, has once again emerged in the spotlight. As the Nifty is approaching near its previous high of the year 2022, gold has also...
Diwali Delight: Top Stock Picks for Prosperous Portfolios
Embrace the spirit of Diwali with a portfolio that shines as bright as every festive light! Jumpstart the celebratory season with an insightful gaze into our top Diwali stock picks, tailored to offer attractive returns over the coming 12 months. Empower your...
ChartTalk: A Deep Dive Into Analyzing BankNifty
The last few weeks have been quite volatile for the markets and Bank Nifty in particular has been an underperformer. The escalating Israel-Hamas war tensions, spike in the US 10year bond yields, and comments from the Fed that indicated that the interest rates may stay...
ChartTalk: Nifty Analysis – Crucial Support Levels and Patterns to Watch
The Nifty 50, India's premier stock market index, has been on a roller-coaster ride in recent months. After hitting a bottom near 16,800 levels in March, the Nifty embarked on a five-month bullish journey, gaining over 3000 points. However, in the past month, the...
ChartTalk: Navigating the NIFTY IT Index: A Promising Opportunity Amidst Consolidation
On June 21st, the NIFTY reached new all-time highs, sparking optimism in the market. However, it soon slipped into a broad-ranged consolidation, dampening the spirits of investors. Despite this, the IT sector had been displaying encouraging signs of improvement in its...
ChartTalk: Crude Oil at Critical Support Levels: Future Trend Hinges on These Levels
WTI US Oil has entered a period of consolidation, influenced by various factors including supply-demand dynamics, and market sentiments among others. This technical note aims to examine the current price movements of Crude Oil and analyze the crucial support and...
ChartTalk: Analyzing the Dollar Index: Technical Setup and Contributing Factors
The US Dollar Index (DXY) is a powerful tool for traders and investors alike, providing a snapshot of the value of the US dollar against a basket of major currencies. But understanding the factors that drive the index can be a complex and challenging task. From...